The Effects of Macroeconomic Policies on Crime

This paper investigates whether monetary and fiscal policies, such as lump-sum taxes, distortionary taxation and monetization of public deficit, have criminal impacts. We address this question extending the neoclassical monetary growth model. We have demonstrated that fiscal policies affect crime through government spending. Conversely, the effect of monetary policy, especially inflation, on crime depends on the separability of the utility function.

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Year of publication:	2004-01-05
Authors:	Shieh, Yeung-Nan
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 11.2004, 1, p. 1-9
Publisher:	AccessEcon
Subject:	Crime

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Extent:	application/pdf
Type of publication:	Article
Classification:	K0 - Law and Economics. General ; K4 - Legal Procedure, the Legal System, and Illegal Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010630130